Stocks Opened Slightly Higher, Oil Futures Slid

U.S. stocks opened slightly higher on Wednesday, as investors weighed signs of the economy recovering amid reopenings against rising infection rates in some parts of the country. The Dow Jones Industrial Average lately rose 59.89 points, or 0.23%, to 26,349.87. The S&P 500 added 8.39 points, or 0.27%, to 3,133.13. The Nasdaq Composite gained 57.65 points, or 0.58%, to 9,953.52.

Crude-oil futures slid Wednesday as investors watched for a monthly OPEC report on global inventories and a weekly update from the U.S. EIA on supplies. West Texas Intermediate crude for July delivery was down 62 cents, or 1.6%, at $37.77 a barrel. Brent oil for August delivery lost 51 cents, or 1.3%, at $40.45 a barrel.